Eight out of ten Czechs prefer living in the housing that they own. Prices of apartments have significantly increased in the past decade, predominantly in large cities. The availability of own housing has been worsening and concerns about a long-term financial obligation in the form of a mortgage loan makes more and more people to live in rented apartments. Wüstenrot compared monthly costs of the mortgage loan with costs of apartment rental in individual regions. Calculations made by a new project, Housing Comparison, show that mortgage is more favourable than rental housing in most Czech regions, both in terms of monthly costs and in the long-term.
Detailed information about the project implemented by Wüstenrot & Native PR is available at https://www.wuestenrot.cz/bydleni/?utm_source=w.cz&utm_medium=301